The Simpson-Bowles plan leaves $15 billion of free money on the table by not raising alcohol taxes. In addition to the revenue, higher taxes would improve health and safety and reduce crime.
Archive for the ‘Microeconomics and policy analysis’ Category
I understand why mortgage-documentation fustercluck could be very bad news for the banks. But can someone explain to me why slowing down the foreclosure process would tend to depress housing prices? It ought to increase them in the short run. Last time I checked, reducing supply tends to increase the market-clearing price, and fewer foreclosures [...]
Jersey Electricity and Jersey Gas fight over marginal carbon emissions from imported electricity.
The NYT has a long story on Plumpy’Nut, which engages issues about intellectual property and domestic-sourcing rules for foreign aid.
I try to fly only on a single airline so as to be treated less like an anonymous bovine by a company that somewhat values my business. But I got stuck the other day flying an airline on which I have no elite status, and thereby discovered that some airlines no longer allow free “same [...]
On my current trip to South Dakota, I felt thirsty as I waited for my plane. I walked to one end of the terminal and did not see a water fountain. I walked to the other end and did not see one either. I was sure I had missed it, so I repeated a loop [...]
The Seven Deadly Sins aren’t very deadly — and that’s a very good thing if you’re in the public policy business.
What do banks, oil companies, public schools, and universities have in common?
De-regulating airfares wasn’t a far-out libertarian idea; it was a mainstream liberal idea with Ted Kennedy as its key sponsor. A real libertarian would have wanted to eliminate airline safety rules.



